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| | | ... considering doing so. The research also highlights HNWs are becoming more proactive in the area, where 70% had engaged with financial professionals in the past year, and 84% of those are opting to work with financial advisers, establishing fruitful opportunities ... |
| | | | ... accommodated where they are on the risk spectrum. I think that's the thing we shouldn't lose sight of." Morgans Financial executive director of corporate advisory Philip Lee agreed the concentration of capital in Australian markets is a concern. ... |
| | | | ... the NSX shareholders. NSX managing director and chair Max Cunningham said the CSE's acquisition will provide NSX with financial strength and operational stability and bring global expertise to local exchange activities. He said that's great news for ... |
| | | | ... transition. "Richard is a globally experienced chief executive and director with over 30 years' experience in the financial services industry," the board said. "His most recent executive role was as group chief executive of Challenger Limited, as ... |
| | | | ... value within 48 hours. That sent the VIX Index to levels unseen since the pandemic panic, and prior to that, the Global Financial Crisis. In April, the most recent reporting date, net inflows totalled US$157 billion. A substantial portion (US$88.3 billion) ... |
| | | | Former financial adviser David Mario Valvo, who doubled as a comedian, was sentenced to three years imprisonment. Valvo's sentence was handed down in Downing Centre District Court in February, but was suspended upon several conditions including that ... |
| | | | ... timely manner. "SMRs provide AUSTRAC and our law enforcement partners with information about suspected misuse of the financial system and this information goes on to trigger countless criminal investigations each year," Thomas said. "We take timely SMR ... |
| | | | ... the buffers needed to navigate stress events, it said. Frontier said such a shift could worsen the impact of future financial shocks on members, reducing funds' ability to seize investment opportunities during downturns, as they would need to reserve ... |
| | | | A former financial adviser now residing in New Zealand lost a bid to stop her from being extradited to Australia to face 136 charges related to the alleged theft of clients' retirement savings. Marion Joan Pearson, formerly based in Perth, is accused ... |
| | | | ... joined and roughly a year after one of its funds failed the inaugural Your Future, Your Super performance test. Lam told Financial Standard that the team identified "a lot of unintended risk" from concentrated, very benchmark-agnostic approaches, prompting ... |
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